GRO ASSETS LIMITED
⚰️Wound downdissolved
SC354150 · ltd · incorporated 2009-01-28
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 16.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 55/100. Strong seller-intent signal (78/100, director aged 67). Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
2 live charges · oldest 16.9y
55/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 16.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2016-01-05⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2016-01-05🏁Company dissolved
- 2015-10-05⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2013-08-23⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2013-08-23⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2013-04-09📄accounts-with-accounts-type-smallaccounts · AA
- 2013-02-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-02-26📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2012-12-11📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2012-03-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-03-13📄change-person-director-company-with-change-dateofficers · CH01
- 2012-03-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2012-03-12📄termination-director-company-with-nameofficers · TM01
- 2012-01-03📄accounts-with-accounts-type-smallaccounts · AA
- 2011-10-07📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-08-13📄gazette-filings-brought-up-to-dategazette · DISS40
- 2011-05-27📄gazette-notice-compulsarygazette · GAZ1
- 2011-01-06📄accounts-with-accounts-type-smallaccounts · AA
- 2010-09-04📄gazette-filings-brought-up-to-dategazette · DISS40
- 2010-09-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-04📄gazette-notice-compulsarygazette · GAZ1
- 2010-01-29➖MULLHOLLAND, Elizabeth resigneddirector
- 2009-05-29📄legacymortgage · 410(Scot)
- 2009-05-21📄legacymortgage · 410(Scot)
- 2009-05-20🔒Charge registered #2Lender: Alliance & Leicester PLC
- 2009-05-13🔒Charge registered #1Lender: Alliance & Leicester PLC
- 2009-04-06📄legacyofficers · 288a
- 2009-04-06📄legacyofficers · 288a
- 2009-03-24✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2009-03-20➕MULLHOLLAND, Elizabeth appointedsecretary
- 2009-03-20➕GILLESPIE, James Stevenson appointeddirector
- 2009-03-20➖BARR, Alan Lamont resigneddirector
- 2009-03-20➕MULLHOLLAND, Elizabeth appointeddirector
- 2009-03-20➖LYCIDAS NOMINEES LIMITED resignedcorporate-nominee-director
- 2009-01-28🏢Company incorporatedAs GRO ASSETS LIMITED
- 2009-01-28➕BARR, Alan Lamont appointeddirector
- 2009-01-28➕LYCIDAS NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2016-01-05
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2016-01-05: gazette-dissolved-liquidation; 2015-10-05: liquidation-compulsory-return-of-final-meeting-scotland
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| A. & H. G. PROPERTIES LTD.→ SC219179 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
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| AAL SABRI LTD→ SC867722 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AB CARFIN PROPERTIES LIMITED→ SC722886 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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| ACAI PREMIER LETS LTD→ SC656059 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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| ADR PROPERTY (PAISLEY) LIMITED→ SC858859 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADVANCE FREEHOLD LTD→ SC492924 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusdissolved
Typeltd
Incorporated2009-01-28
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
14 Airdrie Road
Caldercruix
Airdrie
Lanarkshire
ML6 8PA
Scotland
Filing status
Accounts
Next due: —
Last made up to: 2012-02-29
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
MULLHOLLAND, Elizabeth→
Activesecretary · appointed 2009-03-20
View their other companies + combined net worth →
GILLESPIE, James Stevenson→
Activedirector · ~67y · appointed 2009-03-20
View their other companies + combined net worth →
BARR, Alan Lamont→
Resigneddirector · ~66y · appointed 2009-01-28 · resigned 2009-03-20
MULLHOLLAND, Elizabeth→
Resigneddirector · ~71y · appointed 2009-03-20 · resigned 2010-01-29
LYCIDAS NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2009-01-28 · resigned 2009-03-20
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Alliance & Leicester Alliance & Leicester PLC | Standard security | 2 properties | 20/05/2009 | — | |
| outstanding | Alliance & Leicester Alliance & Leicester PLC | Floating charge | 1 property | 13/05/2009 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (30 total)
gazette-dissolved-liquidation
gazette · GAZ2
2016-01-05
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2015-10-05
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2013-08-23
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2013-08-23
accounts-with-accounts-type-small
accounts · AA
2013-04-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-02-26
change-registered-office-address-company-with-date-old-address
address · AD01
2013-02-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2012-12-11
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-03-13
change-person-director-company-with-change-date
officers · CH01
2012-03-13
change-person-secretary-company-with-change-date
officers · CH03
2012-03-13
termination-director-company-with-name
officers · TM01
2012-03-12
accounts-with-accounts-type-small
accounts · AA
2012-01-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-10-07
gazette-filings-brought-up-to-date
gazette · DISS40
2011-08-13